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Republican Congressman Bought Yacht Worth Over $3 Million, After Voting For The #GOPTaxScam
He had to treat himself, after his vote that treated him very, very well.
Florida Republican Congressman Vern Buchanan celebrated his yes vote for the #GOPTaxScam, by buying a luxurious yacht with an estimated value of over $3 million:
A recently filed financial disclosure shows U.S. Rep. Vern Buchanan celebrated the Republican Party’s successful push for tax reform in quite the lavish way. According to the disclosure , Buchanan spent between $1 million and $5 million purchasing an Ocean Alexander yacht on Nov. 16, 2017, the same day he joined 226 other Republicans and no Democrats in voting in favor of the “Tax Cuts and Jobs Act.” The #GOPTaxScam is paying off handsomely for one wealthy congressman.
Why would a wealthy Congressman treat himself to a luxurious yacht, you ask?
The answer is simple, and why we call the tax bill the #GOPTaxScam. The wealthy are lavished with massive tax breaks, thus they can afford another yacht or two.
Buchanan’s net worth is nearly $74 million, and the #GOPTaxScam will save him a whopping $2.1 million. That’s a great down payment for a yacht that’s worth over $3 million.
Do you think Buchanan had a vested interest in voting for the tax scam bill?
He sure did.
It’s no secret that Buchanan, who represents Florida’s 16th Congressional District, is a wealthy man. According to a Roll Call report , his $73.9 million net worth makes him the eighth wealthiest member of Congress, and by far the wealthiest from the Sunshine State — U.S. Rep. Tom Rooney is $19 million behind in the No. 11 spot. Given his net worth and income, progressive group Tax March estimated that the bill would save him up to $2.1 million on his taxes. That’s most of the way to a yacht, which likely trended toward the higher end of the reported range given that Ocean Alexander’s least expensive model — the 70-foot 70E Motoryacht — has a base price of $3.25 million .
The debt is exploding. Americans are paying more for their healthcare, because the #GOPTaxScam crippled the ACA and a Republican bought a yacht.
Hard-working Americans are getting screwed, while the wealthy flourish.
Look for Republicans and yachts coming to a political ad near you this fall.
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